Emera Inc
TSX:EMA

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Emera Inc
TSX:EMA
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Price: 61.36 CAD -1.11% Market Closed
Market Cap: 18.2B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one EMA stock under the Base Case scenario is 126.04 CAD. Compared to the current market price of 61.36 CAD, Emera Inc is Undervalued by 51%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

EMA Relative Value
Base Case
126.04 CAD
Undervaluation 51%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.5
P/S
P/S
Price to Sales
2.5
vs History
12
vs Industry
34
Median 3Y
1.9
Median 5Y
2.1
Industry
1.7
Forward
2.2
More Details
36.4
P/E
P/E
Price to Earnings
36.4
vs History
0
vs Industry
10
Median 3Y
19.4
Median 5Y
18.4
Industry
15
Forward
18.6
More Details
6.8
P/OCF
P/OCF
Price to OCF
6.8
vs History
72
vs Industry
44
Median 3Y
7.5
Median 5Y
8.3
Industry
6.9
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
3
Median 3Y
-6.8
Median 5Y
-10.5
Industry
14.1
More Details
1.4
P/B
P/B
Price to Book Value
1.4
vs History
11
vs Industry
44
Median 3Y
1.2
Median 5Y
1.3
Industry
1.4
More Details
5
EV/S
EV/S
Enterprise Value to Sales
5
vs History
14
vs Industry
25
Median 3Y
4.5
Median 5Y
4.6
Industry
2.8
Forward
4.3
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
7.4
More Details
14.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
14.7
vs History
22
vs Industry
27
Median 3Y
12.9
Median 5Y
12.7
Industry
10.4
Forward
10.3
More Details
27.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
27.8
vs History
20
vs Industry
16
Median 3Y
21.8
Median 5Y
22.2
Industry
14.9
Forward
17.4
More Details
13.7
EV/OCF
EV/OCF
Enterprise Value to OCF
13.7
vs History
85
vs Industry
33
Median 3Y
18
Median 5Y
18
Industry
10.9
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-33.7
Median 5Y
-26.9
Industry
17
More Details
1
EV/IC
EV/IC
Enterprise Value to IC
1
vs History
1
vs Industry
41
Median 3Y
0.9
Median 5Y
0.9
Industry
0.9
More Details

Multiples Across Competitors

EMA Competitors Multiples
Emera Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Emera Inc
TSX:EMA
18B CAD 2.5 36.4 14.7 27.8
US
Nextera Energy Inc
NYSE:NEE
136B USD 5.4 24.7 16.2 29.2
ES
Iberdrola SA
MAD:IBE
99.4B EUR 2.2 17.7 7.6 12.5
US
Southern Co
NYSE:SO
101B USD 3.8 23 13 22.7
US
Duke Energy Corp
NYSE:DUK
94.2B USD 3.1 21.4 12.1 21.9
IT
Enel SpA
MIL:ENEL
77.6B EUR 1.1 11.1 6.3 9.8
US
Constellation Energy Corp
NASDAQ:CEG
75.3B USD 3.2 20.1 11.4 18.6
US
American Electric Power Company Inc
NASDAQ:AEP
57.4B USD 2.9 19.4 12.6 22.2
FR
Electricite de France SA
PAR:EDF
46.6B EUR 0.3 -2.5 -5.4 -3.2
US
Exelon Corp
NASDAQ:EXC
46.9B USD 2 19.1 11.6 21.3
US
Xcel Energy Inc
NASDAQ:XEL
40.8B USD 3 21.1 13.1 29.3
P/E Multiple
Earnings Growth PEG
CA
Emera Inc
TSX:EMA
Average P/E: 21.4
36.4
29%
1.3
US
Nextera Energy Inc
NYSE:NEE
24.7
9%
2.7
ES
Iberdrola SA
MAD:IBE
17.7
7%
2.5
US
Southern Co
NYSE:SO
23
8%
2.9
US
Duke Energy Corp
NYSE:DUK
21.4
8%
2.7
IT
Enel SpA
MIL:ENEL
11.1
2%
5.5
US
Constellation Energy Corp
NASDAQ:CEG
20.1
0%
N/A
US
American Electric Power Company Inc
NASDAQ:AEP
19.4
7%
2.8
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -2.5 N/A N/A
US
Exelon Corp
NASDAQ:EXC
19.1
8%
2.4
US
Xcel Energy Inc
NASDAQ:XEL
21.1
10%
2.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Emera Inc
TSX:EMA
Average EV/EBITDA: 11.9
14.7
16%
0.9
US
Nextera Energy Inc
NYSE:NEE
16.2
19%
0.9
ES
Iberdrola SA
MAD:IBE
7.6
0%
N/A
US
Southern Co
NYSE:SO
13
7%
1.9
US
Duke Energy Corp
NYSE:DUK
12.1
7%
1.7
IT
Enel SpA
MIL:ENEL
6.3
7%
0.9
US
Constellation Energy Corp
NASDAQ:CEG
11.4
-5%
N/A
US
American Electric Power Company Inc
NASDAQ:AEP
12.6
11%
1.1
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -5.4 N/A N/A
US
Exelon Corp
NASDAQ:EXC
11.6
9%
1.3
US
Xcel Energy Inc
NASDAQ:XEL
13.1
14%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Emera Inc
TSX:EMA
Average EV/EBIT: 21.5
27.8
23%
1.2
US
Nextera Energy Inc
NYSE:NEE
29.2
24%
1.2
ES
Iberdrola SA
MAD:IBE
12.5
1%
12.5
US
Southern Co
NYSE:SO
22.7
6%
3.8
US
Duke Energy Corp
NYSE:DUK
21.9
8%
2.7
IT
Enel SpA
MIL:ENEL
9.8
7%
1.4
US
Constellation Energy Corp
NASDAQ:CEG
18.6
2%
9.3
US
American Electric Power Company Inc
NASDAQ:AEP
22.2
13%
1.7
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -3.2 N/A N/A
US
Exelon Corp
NASDAQ:EXC
21.3
9%
2.4
US
Xcel Energy Inc
NASDAQ:XEL
29.3
22%
1.3

See Also

Summary
EMA intrinsic value, competitors valuation, and company profile.
DCF Valuation
EMA stock valuation using Discount Cash Flow valuation method.
Relative Valuation
EMA stock valuation using valuation multiples.
Wall Street Estimates
EMA price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
EMA stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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